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Author Topic: Massive loss 40% underwater  (Read 1252 times)
nydiacaskey01
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November 08, 2018, 11:42:52 PM
 #181

This story of selling out of panic that price of coins will continue to go down and recovers after selling is nothing new in the trading world and this is not exclusively in cryptos, this happens in the world of stock market as well. lesson there is use technical analysis. Yes we have to use those tools even if we dont like to but it will help use decide better than selling out of panic or frustration. I am not an expert in trading, but I have a lot of lost opportunities already that i can share to everyone who might need it.
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Netnox
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November 09, 2018, 03:39:36 AM
 #182

Got in at the height of Jan this year and all holdings lost more than half from the previous peak.

Very frustrated and was afraid that crypto will be zeroed out, so sold at massive loss more than 50%+ realized loss

After sold last week, all coins came back up 10-20%, even more frustrated, what to do?

Now the prices are going down once more. If you regret about your decision, then it may be a good idea to buyback at least some of the coins, before a market recovery takes them to an unaffordable level.
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November 09, 2018, 04:49:49 AM
 #183

Cryptocurrency trading can provide benefits and can give you a loss because the prices are falling, so when you want to trade you must realize that this bitcoin also has risks and you should be able to control the patience you have to be able to make a profit.

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